Trust Funds for improved governance and economic performance in developing countries
AbstractThe outstanding success of the Tuvalu Trust Fund (TTF) in providing a stream of revenue to overcome a chronic budget deficit and encourage economic self reliance has led the Government of Tuvalu to extend the trust concept to outer island development. This paper looks at the role of trust funds in economic development in Pacific Island Countries including a brief review of relevant country experience. The success factors of the TTF are outlined along with how the trust fund concept is being adapted to bottom up community based development in Tuvalu. Lastly, possible future directions are explored.
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Bibliographic InfoPaper provided by Australian Agricultural and Resource Economics Society in its series 2001 Conference (45th), January 23-25, 2001, Adelaide with number 125540.
Date of creation: 14 Jun 2012
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trust funds; governance; development and economics.; Agricultural Finance;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-08 (All new papers)
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